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Major expansion: Uber Eats buys Foodpanda in Taiwan deal
Uber to acquire foodpanda’s Taiwan operations for US$950 million, expanding its footprint in Taiwan’s delivery market. The deal includes a US$300 million investment in Delivery Hero and awaits regulatory approval. This strategic move aims to merge foodpanda’s local network with Uber Eats, promising enhanced services for consumers, merchants, and delivery partners across Taiwan.2024/05/14 13:18